Junk Bonds : How High Yield Securities Restructured Corporate America
by
Glenn Yago
Book Details
Format
Hardback or Cased Book
ISBN-10
019506111X
ISBN-13
9780195061116
Publisher
Oxford University Press Inc
Imprint
Oxford University Press Inc
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 14th, 1991
Print length
272 Pages
Weight
584 grams
Dimensions
23.50 x 15.60 x 2.40 cms
Product Classification:
Corporate financeInvestment & securities
Ksh 5,850.00
Manufactured on Demand
0 in stock
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This is a study of the high yield bond market, popularly called junk bonds. The author has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that the performance of these companies was superior in the vast majority of cases.
This is a study of the high yield bond market, popularly called `junk bonds.'' Glenn Yago has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that, contrary to what might be assumed, especially in view of the mixed reputation junk bonds have, the performance of these companies was superior in the vast majority of cases.
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